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Please use the tabs above to navigate the different sections. Below are some relevant weekly updates as of May 20, 2025 in macro/markets:
Valuation Opportunities
| Metric | Europe Real Estate |
|---|---|
| Valuation Composite | -0.656 |
| Valuation Composite 1Y Change | 0.546 |
| # Cheap Flags | 3 |
| Appears In | Forward PE, Price to Book, Price to Sales |
As of May 20, 2025 the Macroeconomic Regime is in: Slowdown (threshold = 60%)
Top News of the Week
- Alphabet's Waymo wins approval to expand driverless ride-hailing service to San Jose
- Jim Cramer tells investors to tame their market fears
- Tuesday’s stock stories: What’s likely to move the market in the next session
- The most common travel scams in 9 global cities
- Waking up at 3 a.m.? Here's why your sleep is interrupted
- Stock market futures are flat after S&P 500 extends winning streak to six days
- Wall Street's rebound puts pressure on earnings to justify high stock prices
- Judge calls out 'Apple official who is personally responsible' in Fortnite order
- BlackRock's Rick Rieder says this is the 'sweet spot' in bonds right now
- USTA to invest $800 million in US Open facilities in New York
- Ivy League psychologist: My No. 1 key to success and happiness
- Judge rules against Trump effort to gut U.S. Institute of Peace
📰 Top Finance & Macro Headlines as of May 20, 2025:
Assets Below (-1) Std
Valuation Composite
No assets 1std under
CAPE
| CAPE | 1m Change | 1Y Change | First Value | Type | |
|---|---|---|---|---|---|
| Japan Utilities | -1.70 | -0.38 | -0.18 | May-2005 | Sector |
| US Real Estate | -1.60 | -0.07 | 0.13 | Sep-2016 | Sector |
| Korea | -1.18 | -0.01 | -1.05 | May-1997 | Regional |
| Europe Consumer Staples | -1.11 | 0.12 | 0.00 | Feb-2006 | Sector |
| Japan Consumer Staples | -1.04 | 0.08 | -0.17 | Jul-2005 | Sector |
EV/Trailing EBITDA
| EV/Trailing EBITDA | 1m Change | 1Y Change | First Value | Type | |
|---|---|---|---|---|---|
| Japan Real Estate | -1.44 | 0.13 | -2.14 | Sep-2016 | Sector |
| Europe Energy | -1.11 | -0.21 | -0.24 | Mar-2000 | Sector |
| Australia | -1.07 | -0.03 | -0.58 | Apr-2000 | Regional |
| Europe | -1.03 | -0.05 | 0.25 | Dec-2001 | Regional |
| Australia Consumer Staples | -1.02 | 0.19 | -0.84 | Sep-2005 | Sector |
| Australia Material | -1.01 | 0.02 | -0.66 | Sep-2005 | Sector |
Forward PE
| Forward PE | 1m Change | 1Y Change | First Value | Type | |
|---|---|---|---|---|---|
| Europe Real Estate | -1.48 | 0.04 | -0.13 | Feb-2006 | Sector |
| Japan Real Estate | -1.42 | -0.23 | -1.33 | Sep-2016 | Sector |
| Japan Healthcare | -1.28 | -0.09 | -0.97 | May-2005 | Sector |
| Korea | -1.03 | -0.03 | -0.93 | May-1997 | Regional |
| Australia Energy | -1.00 | -0.01 | -0.06 | Feb-2006 | Sector |
Price to Book
| Price to Book | 1m Change | 1Y Change | First Value | Type | |
|---|---|---|---|---|---|
| Europe Real Estate | -1.23 | 0.00 | 0.02 | Feb-2006 | Sector |
| Australia Energy | -1.20 | -0.01 | -0.39 | Feb-2006 | Sector |
| Japan Utilities | -1.17 | 0.05 | -0.37 | May-2005 | Sector |
| Europe Energy | -1.14 | -0.26 | -0.73 | Mar-2000 | Sector |
Price to Sales
| Price to Sales | 1m Change | 1Y Change | First Value | Type | |
|---|---|---|---|---|---|
| Australia Energy | -1.61 | -0.14 | -0.64 | Feb-2006 | Sector |
| Australia Utilities | -1.34 | 0.04 | -0.08 | Feb-2006 | Sector |
| Australia Consumer Staples | -1.23 | 0.30 | -0.11 | Sep-2005 | Sector |
| Europe Real Estate | -1.19 | 0.07 | -0.07 | Feb-2006 | Sector |
| Low Volatility | -1.09 | 0.05 | 0.41 | Nov-2012 | Factor |
| Japan Real Estate | -1.07 | 0.24 | -2.74 | Sep-2016 | Sector |
Assets Above (1) Std
Valuation Composite
| Valuation Composite | 1m Change | 1Y Change | First Value | Type | |
|---|---|---|---|---|---|
| US Info Tech | 1.16 | -0.21 | -0.28 | May-1997 | Sector |
| US Consumer Discret | 1.17 | 0.01 | -0.02 | May-1997 | Sector |
| World | 1.18 | 0.03 | 0.37 | May-1997 | Regional |
| US Utilities | 1.19 | -0.01 | 0.61 | May-1997 | Sector |
| Australia Communication Serv | 1.20 | 0.28 | 0.66 | Sep-2005 | Sector |
| US Communication Serv | 1.20 | -0.08 | 0.04 | May-1997 | Sector |
| US Consumer Staples | 1.23 | 0.06 | 0.70 | May-1997 | Sector |
| Europe Industrials | 1.29 | 0.01 | 0.08 | May-1997 | Sector |
| US | 1.35 | -0.02 | 0.17 | May-1997 | Regional |
| Australia Info Tech | 1.47 | -0.01 | -1.24 | Sep-2005 | Sector |
| Large | 1.49 | 0.03 | 0.39 | Feb-2009 | Factor |
| US Industrials | 1.55 | 0.03 | 0.21 | May-1997 | Sector |
| Australia Consumer Discret | 1.56 | 0.21 | 0.85 | May-2003 | Sector |
| Growth | 1.63 | 0.11 | 0.38 | May-1997 | Factor |
CAPE
| CAPE | 1m Change | 1Y Change | First Value | Type | |
|---|---|---|---|---|---|
| US Consumer Staples | 1.05 | 0.07 | 0.39 | May-1997 | Sector |
| US | 1.13 | -0.05 | 0.12 | May-1997 | Regional |
| Europe Industrials | 1.16 | 0.01 | 0.09 | May-1997 | Sector |
| Australia Industrials | 1.25 | 0.11 | 0.33 | Sep-2005 | Sector |
| Growth | 1.28 | 0.03 | 0.27 | May-1997 | Factor |
| US Communication Serv | 1.30 | 0.02 | 0.06 | May-1997 | Sector |
| Australia Communication Serv | 1.46 | 0.31 | 1.13 | Sep-2005 | Sector |
| Large | 1.48 | -0.06 | 0.20 | Feb-2009 | Factor |
| US Consumer Discret | 1.68 | -0.02 | -0.01 | May-1997 | Sector |
| Australia Consumer Discret | 1.77 | 0.20 | 0.48 | May-2003 | Sector |
EV/Trailing EBITDA
| EV/Trailing EBITDA | 1m Change | 1Y Change | First Value | Type | |
|---|---|---|---|---|---|
| EM | 1.01 | 0.07 | 0.26 | May-1997 | Regional |
| World | 1.05 | 0.06 | 0.65 | May-1997 | Regional |
| Japan Communication Serv | 1.05 | 0.15 | -0.21 | May-2005 | Sector |
| Quality | 1.05 | 0.03 | -0.24 | Mar-2013 | Factor |
| Australia Info Tech | 1.10 | -0.02 | -1.33 | Sep-2005 | Sector |
| Japan Consumer Staples | 1.13 | 0.55 | 0.17 | Jul-2005 | Sector |
| US Communication Serv | 1.15 | -0.28 | -0.20 | May-1997 | Sector |
| China | 1.15 | -0.18 | 0.41 | May-1997 | Regional |
| Europe Industrials | 1.19 | -0.03 | -0.00 | May-1997 | Sector |
| US Utilities | 1.28 | 0.00 | 0.25 | May-1997 | Sector |
| Large | 1.28 | 0.05 | 0.69 | Feb-2009 | Factor |
| US | 1.29 | -0.05 | 0.15 | May-1997 | Regional |
| US Info Tech | 1.32 | -0.13 | -0.28 | May-1997 | Sector |
| Japan Info Tech | 1.33 | 0.03 | -1.04 | May-2005 | Sector |
| US Industrials | 1.46 | 0.01 | -0.05 | May-1997 | Sector |
| Europe Real Estate | 1.59 | 0.16 | N/A | Feb-2006 | Sector |
| Growth | 1.69 | 0.16 | 0.32 | May-1997 | Factor |
| Australia Communication Serv | 1.98 | 0.27 | 0.77 | Sep-2005 | Sector |
| US Consumer Staples | 2.01 | 0.03 | 0.92 | May-1997 | Sector |
Forward PE
| Forward PE | 1m Change | 1Y Change | First Value | Type | |
|---|---|---|---|---|---|
| US Consumer Staples | 1.20 | 0.09 | 1.02 | May-1997 | Sector |
| Australia Communication Serv | 1.30 | 0.26 | 0.11 | Sep-2005 | Sector |
| Australia Financials | 1.32 | 0.44 | 0.81 | Nov-2005 | Sector |
| Australia Info Tech | 1.62 | 0.16 | -2.32 | Sep-2005 | Sector |
| Japan Communication Serv | 1.67 | 0.35 | 1.10 | May-2005 | Sector |
| Australia Consumer Discret | 1.94 | 0.29 | 1.58 | May-2003 | Sector |
| Banks | 1.94 | 0.55 | 0.96 | May-2003 | Aussie |
Price to Book
| Price to Book | 1m Change | 1Y Change | First Value | Type | |
|---|---|---|---|---|---|
| Australia Consumer Staples | 1.01 | 0.21 | 0.00 | Sep-2005 | Sector |
| Australia Financials | 1.03 | 0.36 | 1.18 | Nov-2005 | Sector |
| US Consumer Staples | 1.07 | 0.05 | 0.62 | May-1997 | Sector |
| Australia Industrials | 1.11 | 0.10 | 0.51 | Sep-2005 | Sector |
| Enhanced Value | 1.12 | 0.03 | 0.61 | Jan-2015 | Factor |
| Value | 1.13 | -0.11 | 0.46 | May-1997 | Factor |
| Australia Real Estate | 1.14 | 0.38 | 0.71 | Feb-2006 | Sector |
| Quality | 1.20 | 0.03 | 0.06 | Mar-2013 | Factor |
| Low Volatility | 1.23 | 0.08 | 1.13 | Nov-2012 | Factor |
| US Utilities | 1.26 | 0.00 | 0.88 | May-1997 | Sector |
| US Consumer Discret | 1.29 | -0.01 | -0.30 | May-1997 | Sector |
| Europe Industrials | 1.41 | -0.02 | -0.11 | May-1997 | Sector |
| US Communication Serv | 1.64 | -0.10 | 0.20 | May-1997 | Sector |
| World | 1.67 | 0.04 | 0.47 | May-1997 | Regional |
| US Info Tech | 1.69 | -0.12 | 0.03 | May-1997 | Sector |
| US | 1.69 | -0.04 | 0.19 | May-1997 | Regional |
| Large | 2.02 | 0.03 | 0.45 | Feb-2009 | Factor |
| Growth | 2.02 | 0.14 | 0.49 | May-1997 | Factor |
| US Industrials | 2.03 | 0.01 | -0.10 | May-1997 | Sector |
| Australia Consumer Discret | 2.90 | 0.25 | 1.07 | May-2003 | Sector |
Price to Sales
| Price to Sales | 1m Change | 1Y Change | First Value | Type | |
|---|---|---|---|---|---|
| Enhanced Value | 1.09 | 0.02 | 0.45 | Jan-2015 | Factor |
| Japan Consumer Discret | 1.17 | 0.10 | -0.64 | May-2005 | Sector |
| Europe | 1.17 | -0.09 | 0.16 | Dec-2001 | Regional |
| Australia Real Estate | 1.19 | 0.36 | -0.11 | Feb-2006 | Sector |
| Europe Info Tech | 1.25 | -0.03 | -0.14 | Feb-2006 | Sector |
| Quality | 1.35 | 0.03 | 0.26 | Mar-2013 | Factor |
| Australia Communication Serv | 1.36 | 0.34 | 0.68 | Sep-2005 | Sector |
| Japan | 1.39 | -0.06 | -0.63 | Sep-2000 | Regional |
| US Material | 1.53 | -0.11 | -0.16 | May-1997 | Sector |
| Value | 1.63 | -0.12 | 0.38 | May-1997 | Factor |
| Large | 1.69 | 0.03 | 0.45 | Feb-2009 | Factor |
| US Financials | 1.70 | -0.15 | 0.77 | May-1997 | Sector |
| Japan Communication Serv | 1.78 | 0.32 | 0.54 | May-2005 | Sector |
| Japan Industrials | 1.80 | 0.10 | -0.33 | May-2005 | Sector |
| US Utilities | 1.80 | 0.00 | 0.66 | May-1997 | Sector |
| US Communication Serv | 1.81 | -0.03 | 0.25 | May-1997 | Sector |
| US Consumer Discret | 1.86 | -0.01 | 0.24 | May-1997 | Sector |
| Japan Info Tech | 1.94 | 0.03 | -0.82 | May-2005 | Sector |
| US | 1.95 | -0.04 | 0.28 | May-1997 | Regional |
| World ex US | 2.10 | 0.27 | 0.97 | May-1997 | Regional |
| World | 2.11 | 0.03 | 0.53 | May-1997 | Regional |
| US Info Tech | 2.13 | -0.07 | -0.07 | May-1997 | Sector |
| Australia Info Tech | 2.20 | 0.08 | 0.38 | Sep-2005 | Sector |
| Europe Industrials | 2.29 | -0.03 | 0.29 | May-1997 | Sector |
| US Industrials | 2.38 | 0.01 | 0.52 | May-1997 | Sector |
| Growth | 2.57 | 0.13 | 0.90 | May-1997 | Factor |
YTD Factor Performance
Full Factor Performance
Sector Performance Tables
{'us': '\n\n US Sector Performance\n
\n\n \n \n
\n
\n ', 'au': '\n | Name | \n1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | \n
|---|---|---|---|---|---|---|---|
| Mat | -21.63% | -23.69% | -26.89% | -22.52% | -5.49% | 7.49% | 5.14% |
| En | -41.28% | -36.59% | -37.35% | -39.35% | -6.58% | 12.19% | 0.04% |
| Fin | -20.63% | -22.89% | -14.37% | -0.52% | 6.57% | 13.81% | 9.42% |
| HC | -19.66% | -19.84% | -19.49% | -15.01% | -1.82% | 5.03% | 6.93% |
| CS | -11.85% | -27.23% | -11.82% | -1.54% | 3.84% | 8.60% | 10.02% |
| CD | -24.48% | -22.12% | -20.90% | -14.33% | -3.51% | 5.14% | 5.95% |
| IT | -10.73% | -19.70% | -17.46% | -0.05% | 14.09% | 18.45% | 19.00% |
| Real Est | -25.46% | -24.19% | -26.52% | -10.72% | -9.32% | 1.75% | 3.50% |
| Util | -30.39% | -29.03% | -30.27% | -15.17% | -5.34% | 2.43% | 5.69% |
| Comm | -23.21% | -33.99% | -23.08% | -10.95% | 8.37% | 8.50% | 6.83% |
| Indus | -18.01% | -22.09% | -19.05% | -10.29% | 5.85% | 12.67% | 8.60% |
\n AU Sector Performance\n
\n\n \n \n
\n
\n ', 'jp': '\n | Name | \n1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | \n
|---|---|---|---|---|---|---|---|
| Mat | -48.72% | -50.06% | -51.71% | -52.11% | -17.53% | -0.46% | 5.08% |
| En | -50.66% | -54.13% | -52.95% | -58.61% | -20.25% | -5.24% | -5.21% |
| Fin | -48.22% | -52.33% | -47.92% | -36.67% | -8.49% | 5.44% | 2.21% |
| HC | -16.16% | -26.12% | -23.00% | -18.56% | -4.86% | -3.22% | 8.08% |
| CS | -34.21% | -40.05% | -31.86% | -25.35% | -3.04% | 6.53% | 6.80% |
| CD | -37.27% | -36.87% | -35.32% | -35.82% | -15.29% | -5.45% | 2.19% |
| IT | -12.41% | -30.56% | -23.61% | -9.27% | 6.94% | 9.61% | 11.34% |
| Real Est | -33.26% | -40.58% | -40.04% | -31.49% | -9.54% | 2.23% | 2.65% |
| Util | -47.19% | -44.25% | -40.40% | -40.53% | -10.91% | -2.72% | 2.66% |
| Comm | -42.14% | -42.29% | -40.06% | -34.43% | -10.52% | 1.27% | -3.08% |
| Indus | -32.01% | -32.35% | -25.81% | -20.47% | -3.70% | 2.07% | 5.03% |
\n JP Sector Performance\n
\n\n \n \n
\n
\n ', 'uk': '\n | Name | \n1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | \n
|---|---|---|---|---|---|---|---|
| Mat | -25.64% | -29.21% | -33.97% | -37.80% | -3.09% | 6.67% | 1.69% |
| En | -41.00% | -38.36% | -39.21% | -41.06% | 0.27% | 11.22% | 2.78% |
| Fin | -37.19% | -36.28% | -27.05% | -23.25% | 15.96% | 19.55% | 5.95% |
| HC | -17.58% | -23.36% | -28.49% | -21.90% | -2.01% | 1.13% | 4.47% |
| CS | -19.80% | -23.02% | -15.21% | -24.20% | 4.39% | 10.83% | 4.34% |
| CD | -17.47% | -17.73% | -21.27% | -18.95% | 0.64% | 2.00% | 1.98% |
| IT | -16.74% | -27.08% | -26.70% | -28.00% | 3.13% | 10.90% | 8.33% |
| Real Est | -19.24% | -18.10% | -14.55% | -22.05% | 1.91% | 6.40% | nan% |
| Util | -18.80% | -13.91% | -24.89% | -31.21% | 7.35% | 5.55% | 1.02% |
| Comm | -17.27% | -20.63% | -14.76% | -7.66% | 4.49% | 10.12% | 8.24% |
| Indus | -18.93% | -23.60% | -22.86% | -23.03% | 8.34% | 12.01% | 5.92% |
\n UK Sector Performance\n
\n\n \n \n
\n
\n ', 'eu': '\n | Name | \n1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | \n
|---|---|---|---|---|---|---|---|
| Mat | -42.62% | -48.03% | -50.84% | -55.77% | -23.17% | 0.23% | 1.88% |
| En | -52.55% | -49.69% | -45.94% | -53.42% | -12.58% | 2.04% | -0.10% |
| Fin | -36.36% | -33.71% | -21.64% | -13.97% | 4.55% | 8.88% | 1.74% |
| HC | -33.70% | -32.34% | -30.31% | -36.93% | -11.49% | -2.76% | 2.96% |
| CS | -25.23% | -32.29% | -28.69% | -22.55% | -3.82% | 2.44% | 0.33% |
| CD | -30.65% | -32.11% | -28.47% | -21.60% | -9.10% | -3.26% | 0.57% |
| IT | -13.17% | -24.14% | 0.20% | -4.04% | 8.46% | 6.80% | 6.53% |
| Real Est | -28.08% | -29.48% | -34.03% | -37.91% | -22.31% | -6.82% | nan% |
| Util | -37.24% | -36.30% | -35.42% | -32.41% | -12.96% | -0.64% | 0.44% |
| Comm | -39.05% | -40.68% | -40.71% | -32.23% | -16.41% | -4.17% | -8.11% |
| Indus | -18.54% | -17.61% | -10.93% | -5.28% | 11.17% | 14.05% | 7.21% |
\n EU Sector Performance\n
\n\n \n \n
\n
\n '}
| Name | \n1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 10 Years | \n
|---|---|---|---|---|---|---|---|
| Mat | -29.00% | -31.49% | -31.54% | -33.40% | -11.04% | 3.55% | 2.41% |
| En | -52.85% | -49.95% | -47.35% | -54.18% | -14.52% | 1.54% | -1.39% |
| Fin | -35.68% | -30.90% | -21.84% | -14.17% | 6.44% | 12.44% | 2.62% |
| HC | -27.67% | -31.12% | -30.64% | -29.89% | -7.83% | -0.34% | 1.93% |
| CS | -26.23% | -34.55% | -27.19% | -31.29% | -4.03% | 4.15% | 1.21% |
| CD | -24.45% | -22.21% | -21.17% | -21.41% | -9.43% | -1.59% | 1.08% |
| IT | -13.55% | -23.91% | -10.19% | -16.23% | 4.32% | 9.12% | 8.93% |
| Real Est | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Util | -35.92% | -30.78% | -31.03% | -23.85% | -7.80% | 1.46% | 3.12% |
| Comm | -35.03% | -33.85% | -28.37% | -19.70% | -6.50% | 1.66% | -3.28% |
| Indus | -22.34% | -21.74% | -15.24% | -11.04% | 6.03% | 12.54% | 7.04% |
Weekly Valuation Charts
Current Valuations
| Region | Forward PE | CAPE | Price to Book | Price to Sales | Valuation Composite |
|---|---|---|---|---|---|
| ('Apr-2025', 'ASX 200') | 17.89 | 18.27 | 2.29 | 1.99 | 0.43 |
| ('Apr-2025', 'Banks') | 17.92 | 17.38 | 2.06 | 2.58 | 0.84 |
| ('Apr-2025', 'Equal Weight') | 19.25 | 18.81 | 1.95 | 1.58 | 0.08 |
| ('Apr-2025', 'Materials') | 12.23 | 14.77 | 2.06 | 1.98 | -0.51 |
| ('Apr-2025', 'Resources') | 12.19 | 14.14 | 1.68 | 1.72 | -0.72 |
Valuations 1 Month Ago
| Region | Forward PE | CAPE | Price to Book | Price to Sales | Valuation Composite |
|---|---|---|---|---|---|
| ('Mar-2025', 'ASX 200') | 17.03 | 17.42 | 2.21 | 1.92 | 0.17 |
| ('Mar-2025', 'Banks') | 16.70 | 16.22 | 1.93 | 2.42 | 0.47 |
| ('Mar-2025', 'Equal Weight') | 17.92 | 18.10 | 1.89 | 1.53 | -0.20 |
| ('Mar-2025', 'Materials') | 12.05 | 14.26 | 2.05 | 1.97 | -0.54 |
| ('Mar-2025', 'Resources') | 11.84 | 13.75 | 1.65 | 1.69 | -0.77 |
Please select a valuation metric from the dropdown above
Current Valuations
| Region | Forward PE | EV/Trailing EBITDA | CAPE | Price to Book | Price to Sales | Valuation Composite |
|---|---|---|---|---|---|---|
| ('Apr-2025', 'Aussie Smalls') | 16.60 | 11.96 | 18.80 | 1.81 | 1.67 | -0.08 |
| ('Apr-2025', 'Australia') | 17.89 | 11.59 | 18.27 | 2.29 | 1.99 | 0.16 |
| ('Apr-2025', 'China') | 11.14 | 12.14 | 15.56 | 1.49 | 1.27 | -0.14 |
| ('Apr-2025', 'EM') | 12.48 | 9.83 | 18.50 | 1.82 | 1.45 | 0.37 |
| ('Apr-2025', 'Europe') | 14.57 | 10.44 | 20.88 | 2.03 | 1.38 | 0.23 |
| ('Apr-2025', 'Japan') | 18.48 | 9.62 | 27.16 | 1.86 | 1.39 | 0.23 |
| ('Apr-2025', 'Korea') | 8.58 | 6.23 | 12.33 | 0.97 | 0.76 | -0.64 |
| ('Apr-2025', 'UK') | 12.73 | 8.34 | 18.74 | 1.92 | 1.22 | -0.01 |
| ('Apr-2025', 'US') | 21.16 | 14.98 | 31.43 | 4.79 | 2.84 | 1.35 |
| ('Apr-2025', 'US Equal Weight') | 17.41 | 13.63 | 20.54 | 2.94 | 1.52 | 0.29 |
| ('Apr-2025', 'World') | 19.10 | 13.61 | 27.59 | 3.47 | 2.30 | 1.18 |
| ('Apr-2025', 'World ex US') | 15.16 | 10.33 | 20.94 | 2.06 | 1.56 | 0.27 |
Valuations 1 Month Ago
| Region | Forward PE | EV/Trailing EBITDA | CAPE | Price to Book | Price to Sales | Valuation Composite |
|---|---|---|---|---|---|---|
| ('Mar-2025', 'Aussie Smalls') | 16.68 | 11.97 | 18.15 | 1.77 | 1.64 | -0.14 |
| ('Mar-2025', 'Australia') | 17.03 | 11.65 | 17.42 | 2.21 | 1.92 | -0.05 |
| ('Mar-2025', 'China') | 11.50 | 12.73 | 16.32 | 1.56 | 1.33 | -0.02 |
| ('Mar-2025', 'EM') | 12.38 | 9.71 | 18.74 | 1.80 | 1.43 | 0.34 |
| ('Mar-2025', 'Europe') | 14.17 | 10.52 | 20.96 | 2.06 | 1.40 | 0.26 |
| ('Mar-2025', 'Japan') | 18.13 | 9.92 | 28.09 | 1.84 | 1.41 | 0.28 |
| ('Mar-2025', 'Korea') | 8.64 | 6.23 | 12.36 | 0.90 | 0.75 | -0.69 |
| ('Mar-2025', 'UK') | 12.32 | 8.41 | 18.70 | 1.93 | 1.23 | -0.01 |
| ('Mar-2025', 'US') | 20.91 | 15.10 | 31.76 | 4.82 | 2.86 | 1.38 |
| ('Mar-2025', 'US Equal Weight') | 17.39 | 13.92 | 21.08 | 3.01 | 1.56 | 0.40 |
| ('Mar-2025', 'World') | 18.81 | 13.53 | 27.93 | 3.45 | 2.29 | 1.15 |
| ('Mar-2025', 'World ex US') | 14.71 | 9.98 | 21.03 | 1.98 | 1.50 | 0.12 |
Please select a valuation metric from the dropdown above
Current Valuations
| Region | Forward PE | EV/Trailing EBITDA | CAPE | Price to Book | Price to Sales | Valuation Composite |
|---|---|---|---|---|---|---|
| ('Apr-2025', 'Enhanced Value') | 10.81 | 7.14 | 12.87 | 1.26 | 0.82 | 0.31 |
| ('Apr-2025', 'Growth') | 26.14 | 20.61 | 51.80 | 7.57 | 4.79 | 1.63 |
| ('Apr-2025', 'Large') | 19.53 | 13.86 | 29.32 | 3.82 | 2.52 | 1.48 |
| ('Apr-2025', 'Low Volatility') | 18.34 | 12.43 | 24.46 | 3.22 | 1.68 | 0.10 |
| ('Apr-2025', 'Quality') | 21.89 | 17.58 | 35.54 | 7.91 | 4.18 | 0.94 |
| ('Apr-2025', 'Small') | 14.77 | 11.50 | 16.70 | 1.77 | 1.08 | -0.31 |
| ('Apr-2025', 'Value') | 14.96 | 9.95 | 18.91 | 2.24 | 1.50 | 0.48 |
Valuations 1 Month Ago
| Region | Forward PE | EV/Trailing EBITDA | CAPE | Price to Book | Price to Sales | Valuation Composite |
|---|---|---|---|---|---|---|
| ('Mar-2025', 'Enhanced Value') | 10.63 | 7.12 | 13.20 | 1.26 | 0.82 | 0.32 |
| ('Mar-2025', 'Growth') | 25.40 | 20.02 | 51.49 | 7.35 | 4.66 | 1.51 |
| ('Mar-2025', 'Large') | 19.25 | 13.79 | 29.67 | 3.80 | 2.51 | 1.46 |
| ('Mar-2025', 'Low Volatility') | 18.16 | 12.38 | 24.70 | 3.19 | 1.66 | 0.06 |
| ('Mar-2025', 'Quality') | 21.64 | 17.49 | 35.81 | 7.87 | 4.16 | 0.92 |
| ('Mar-2025', 'Small') | 15.98 | 11.48 | 17.02 | 1.71 | 1.07 | -0.32 |
| ('Mar-2025', 'Value') | 15.00 | 10.09 | 19.52 | 2.28 | 1.53 | 0.58 |
Please select a valuation metric from the dropdown above
Current Valuations
| Region | Forward PE | EV/Trailing EBITDA | CAPE | Price to Book | Price to Sales | Valuation Composite |
|---|---|---|---|---|---|---|
| ('Apr-2025', 'Communication Serv') | 17.97 | 11.95 | 28.64 | 4.40 | 3.72 | 1.20 |
| ('Apr-2025', 'Consumer Discret') | 24.72 | 14.86 | 45.89 | 8.42 | 2.42 | 1.17 |
| ('Apr-2025', 'Consumer Staples') | 22.53 | 17.78 | 24.43 | 7.10 | 1.58 | 1.23 |
| ('Apr-2025', 'Energy') | 15.05 | 7.52 | 17.68 | 1.90 | 1.20 | -0.30 |
| ('Apr-2025', 'Financials') | 16.77 | 7.93 | 23.98 | 2.36 | 2.58 | 0.80 |
| ('Apr-2025', 'Healthcare') | 17.62 | 17.34 | 24.71 | 4.86 | 1.56 | -0.07 |
| ('Apr-2025', 'Industrials') | 23.25 | 16.24 | 28.82 | 6.12 | 2.54 | 1.55 |
| ('Apr-2025', 'Info Tech') | 26.04 | 23.47 | 51.97 | 11.00 | 7.87 | 1.16 |
| ('Apr-2025', 'Material') | 21.01 | 12.45 | 22.44 | 2.81 | 2.12 | 0.69 |
| ('Apr-2025', 'Real Estate') | 38.46 | 21.77 | 44.94 | 3.10 | 6.52 | -0.59 |
| ('Apr-2025', 'Utilities') | 17.97 | 12.87 | 19.17 | 2.28 | 2.79 | 1.19 |
Valuations 1 Month Ago
| Region | Forward PE | EV/Trailing EBITDA | CAPE | Price to Book | Price to Sales | Valuation Composite |
|---|---|---|---|---|---|---|
| ('Mar-2025', 'Communication Serv') | 18.10 | 12.80 | 28.47 | 4.50 | 3.75 | 1.28 |
| ('Mar-2025', 'Consumer Discret') | 23.85 | 14.94 | 46.08 | 8.45 | 2.43 | 1.16 |
| ('Mar-2025', 'Consumer Staples') | 22.27 | 17.71 | 24.16 | 7.03 | 1.56 | 1.17 |
| ('Mar-2025', 'Energy') | 15.46 | 8.53 | 20.52 | 2.20 | 1.40 | 0.05 |
| ('Mar-2025', 'Financials') | 16.96 | 8.10 | 24.52 | 2.42 | 2.64 | 0.89 |
| ('Mar-2025', 'Healthcare') | 17.91 | 17.95 | 25.67 | 5.06 | 1.62 | 0.02 |
| ('Mar-2025', 'Industrials') | 22.40 | 16.22 | 29.02 | 6.11 | 2.54 | 1.51 |
| ('Mar-2025', 'Info Tech') | 33.55 | 24.24 | 51.52 | 11.34 | 7.99 | 1.37 |
| ('Mar-2025', 'Material') | 21.11 | 12.69 | 22.93 | 2.88 | 2.17 | 0.79 |
| ('Mar-2025', 'Real Estate') | 38.45 | 21.86 | 45.55 | 3.15 | 6.67 | -0.51 |
| ('Mar-2025', 'Utilities') | 18.00 | 12.86 | 19.27 | 2.28 | 2.79 | 1.20 |
Please select a valuation metric from the dropdown above
Please select a valuation metric from the dropdown above
Please select a valuation metric from the dropdown above
Please select a valuation metric from the dropdown above
Cross-Sectional Gap Table
Global Value / Growth
Small / Large
EM / DM
Intl ex US / US
S&P Equal / S&P 500
Valuation Data Downloads
Regional Valuations
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Factor Valuations
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Aussie Valuations
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Sector Valuations – US
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Sector Valuations – AU
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Sector Valuations – JP
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Sector Valuations – EU
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Yield Curve & Credit Spread Downloads
Global Yield Curves
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⬇️ Download CSVAusbond Composite 0+Yr Spread Spread History
⬇️ Download CSVAusbond Credit 0+Yr Spread Spread History
⬇️ Download CSVAusbond Credit FRN 0+Yr Spread Spread History
⬇️ Download CSVUS Agg Corporate OAS Spread Spread History
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⬇️ Download CSVInflation Linked Bonds (TIPS)
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Current Macro Regime
As of latest data: Slowdown (threshold = 60%)
Recession Probability
Based on macro indicators using a logit model and a recession probability threshold of 70%.
Macro Recession Indicators – Key Charts
{'ASX200': '
\n
', 'S&P 500': ' \n
', 'Nikkei 225': ' \n
', 'MSCI Europe': ' \n
', 'MSCI EM': ' \n
', 'FTSE 100': ' \n
', 'Shanghai Composite': ' \n
', 'KOSPI Index': ' \n
', 'Nasdaq Comp': ' \n
', 'S&P 500 Equal Weight': ' \n
', 'MSCI ACWI': ' \n
'}